2016 (6) TMI 1207

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..... ts considered by the Hon’ble Supreme Court in the case of Reliance Petro Products [2010 (3) TMI 80 - SUPREME COURT ] wherein held a mere making of a claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars regarding the income of the assessee - Decided in favour of assessee. - ITA. No. 1586/Ahd/2013 - - - Dated:- 14-6-2016 - Rajpal Yadav (Judicial .....

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..... ₹ 25,20,000/- (ii) Disallowance of garden expenses ₹ 27,06,563/- (iii) Disallowance of R D Expenditure Rs. 1,86,24,000/- (iv) Disallowance of u/s. 14A of the Act ₹ 3,00,000/- 4. These quantum additions travelled up to the Tribun .....

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..... e of car cannot be accepted as expenditure whether capital or revenue incurred on in-house research development. In our considered opinion, capital expenditure for equipments to be used for in-house research is eligible for this benefit but not the motor car because whether the employees came into car provided by the employer or by public transport or hired car has no bearing on in-house researc .....

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